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PTI
August 30, 2019



BusinessToday.In
New Delhi, August 27, 2019
Income tax returns: There are plenty of changes in the ITR forms this year; here is the low-down on how to file your income tax returns correctly and in a hassle-free manner


Archit Gupta
New Delhi, August 21, 2019
As far as the filing of returns go, section 39 of the CGST Act has been amended to introduce a new option for specified taxpayers to furnish their returns on a quarterly basis, instead of monthly


BusinessToday.In
August 20, 2019
The new Direct Tax Law is likely to include announcements that would vastly simplify the six-decade-old Income-tax Act, leave more money in the hands of individual taxpayers, help India Inc, make tax litigations easier, and check harassment by taxmen, among other things


BusinessToday.In
August 15, 2019
The tax regulator said in a circular on Wednesday that a computer-generated Document Identification Number (DIN) will be allotted to all notices and orders from the tax department starting October 1, and any communication not in conformity with this new system will be treated as invalid.


BusinessToday.In
August 15, 2019
The apex body for direct taxes has sought explanation from BR Balakrishnan, who previously served as the principal chief commissioner of Income Tax for Karnataka and Goa and had ordered attachment of Coffee Day Enterprises shares when he was in-charge of the Bengaluru region


Naveen Wadhwa and Tarun Kumar
New Delhi, August 9, 2019
Income from capital gains can be reported in Form ITR-2 or ITR-3. As every transaction in securities is unique, gains or losses arising from such transaction should be reported separately or in aggregate


BusinessToday.In
August 8, 2019
If you fail to match all your actual financial transactions with Form 26AS and Form 16 before filing income tax returns, and discrepancies are subsequently noticed, you won't get credit for taxes actually deducted. This could end up increasing your tax outgo.


Sudhir Kaushik
July 31, 2019
Since the effective cost of fund is low due to higher tax benefit and interest subsidy, it is recommended to buy ready house property for self or rental by availing maximum loan for longest period and keep your taxes minimised.


Shivam Mehta | K Prathiba
New Delhi, July 27, 2019
The government should bring out clear rules to ensure that this dispute resolution scheme does not itself become the root cause for more legacies which require another amnesty


Dipak Mondal
July 25, 2019
How exactly the department is collating and using data? A look at the income tax department's action plan for 2019-20 gives an insight


PTI
July 24, 2019



PTI
July 24, 2019



PTI
July 24, 2019



PTI
July 24, 2019



PTI
July 24, 2019



Renu Yadav
Noida, July 24, 2019



Dipak Mondal
New Delhi, July 24, 2019
Speaking on the 159th Income Tax Day today, the finance minister stressed on the need for better information sharing between the three agencies so that only those avoiding paying taxes are being dealt with severely and not every other taxpayer is harassed.


PTI
July 24, 2019



Archit Gupta
New Delhi, July 24, 2019
All taxpayers (except taxpayers above 80 years and filing ITR-1 or ITR-4) have to file their income tax returns online.


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